Does a searcher's deal in the works carry any value ?
by a searcher from Babson College - F.W. Olin Graduate School in Annapolis, MD, USA
In general, are search-fund investors attracted to a searcher that already has a buyable target company in mind? Would the search-fund investors' equity be reduced if a deal could be closed relatively quickly as opposed to 18 or 24 months?
I would love to talk this through with a knowledgeable participant.